← Back
Currency Converter
USD, INR, EUR and 10+ more
Converted Amount
—
⚠️ Approximate rates for estimation. Rates as of early 2025.
What is a Currency Converter?
Converts between world currencies using live exchange rates - used by travellers, importers, and investors.
How It Works
Amount in target = Amount x Exchange rate. Mid-market rate = average of buy/sell. Banks add 1-3% margin.
Example
$1,000 USD at Rs.83.5/dollar = Rs.83,500 mid-market. Bank at 1.5% margin: Rs.82,247. Wise (0.4%): Rs.83,165 - saves Rs.918.
Pro Tips
- Use Wise, Revolut, or Google Pay for international transfers - bank margins are 3-5x higher.
- Airport exchange counters have the worst rates (5-8% margins) - exchange before departing.
- USD-INR is managed by RBI - expect Rs.82-86 range in 2024-25 with RBI limiting volatility.
- Business forex: forward contracts lock in today's rate for future planned transactions.
FAQ
Best exchange rate for Indian travellers?▼
Wise or Revolut (~0.4% margin) is best. Banks: 1-3%. Airport counters: 5-8%.
What is mid-market rate?▼
The average of buy and sell rates - the real exchange rate shown by Google and Reuters.
Does RBI fix the rupee rate?▼
No - India has a managed float; RBI intervenes to smooth extreme volatility but does not peg the rate.
USD-INR rate 2025?▼
Approximately Rs.83-86 range with RBI actively managing extreme movements.